P-52 Lower Hull Arrives in Brazil Keeping a Promise Sound F E a T U R E S

A publication of Keppel Offshore & Marine

March/April 2006 MITA (P277/03/2003)

Offshore Six new jackup orders

Deep Driller 2 completed

Marine Ties with Qatar strengthened

FPSO Capixaba delivered

P-52 lower hull arrives in Brazil Keeping a promise sound F E A T U R E S

GSF orders ultra-deepwater semi 3

Jacking up to new heights 4 Strengthening ties with Qatar 8 Keppel yards join forces in fast-track upgrading 10

Keppel Nantong gears up for shipbuilding 12 Securing two Prosafe FPSO conversions 13 The next lap for P-52 16 Teamwork among Keppel yards Page 10 KFELS Super B for the Xtreme drilling market 18

Double happiness for Keppel FELS Brasil 20 Keeping a promise sound 24

Keppel Shipyard delivers FPSO Capixaba 36 for SBM

Editorial Board

Editorial Advisor Choo Chiau Beng Keppel O&M makes waves at Asia Pacific Page 13 Maritime Exhibition Editor Lai Ching Chuan

Assistant Editor Sarah Seah

Keppel at OTC 2006 Sub Editor Yang Sook Chin Visit Keppel Offshore & Marine (Keppel O&M) at the Offshore Technology Conference (OTC), to be Committee members Michael Chia, Nelson Yeo, Hoe Eng Hock, held in Houston from 1-4 May 2006. Yeong Wai Seng, Dr Foo Kok Seng, Jaya Kumar, Quek Mong Song, David Loh, Keppel O&M is at booth number P10617 in the Chin Sze Kiun Singapore Pavilion (Pavilion 1). Contributors Andrew Ong, Grace Chia, Lee Yin Chiin, Drop in also at Keppel FELS Brasil’s booth under Kristin Nonis the Brazilian Pavilion at 4741 and FloaTEC’s stand OffshoreMarine is a bi-monthly publication of at 1663. Keppel Offshore & Marine Ltd 50 Gul Road, Singapore 629351 Themed “New Depths, New Horizons”, OTC 2006 Tel: (65) 6863 7200 Fax: (65) 6261 7719/6265 1927 will be larger with extensions to the exhibition space offered in Reliant Centre, Houston. Company registration no. 199900642R

2 OffshoreMarine March/April 2006 GSF orders ultra-deepwater semi

eppel FELS has secured a and Marine Structure Consultants exploration and production are strong contract with GlobalSantaFe (MSC). with consensus amongst operators, K Corporation (GSF) to build drillers and service providers that the an ultra-deepwater drilling rig for Choo Chiau Beng, Chairman & CEO of market for exploration and production of US$270 million. Keppel Offshore & Marine (Keppel hydrocarbons will be sustained over the O&M) said, “GSF and Keppel share a next few years.” Under the contract agreement, GSF will longstanding relationship which dates supply the drilling and sub-sea equipment back to 1987. Keppel FELS and GSF have According to ODS-Petrodata’s 12- while Keppel FELS provides the design, co-operated and completed six new monthly rolling forecast between engineering and construction of the hull generation jackups that are still February 2006 and January 2007, the as well as the accommodation quarters for performing extremely well in the North demand for semis is expected to rise from 180 men and marine equipment. Sea, Eastern Canada and South America. 141 to 167 units while the marketed supply remains inelastic from 152 to 153. The rig, GSF Development Driller III, is “I am happy that we are now working on Even as utilisation levels approach full scheduled for delivery in the first quarter our first semi newbuild project together, capacity, global demand for the mobile of 2009. and I am confident that the highly efficient offshore drilling units shows no sign of DSS-51 rig will meet GSF’s charter slowing down. GSF has chosen to build the state-of-the- commitment on time and within budget.” art semisubmersible (semi) to the Said Jon A. Marshall, President & CEO proprietary design, DSS-51, jointly Commenting on the demand for of GSF, “We are looking forward to designed and developed by Keppel’s deepwater mobile drilling rigs, Choo working again with Keppel FELS on our Deepwater Technology Group (DTG) added, “The fundamentals for deepwater newbuild semi. Keppel FELS has a track record of well designed and built rigs that have been delivered on schedule. GlobalSantaFe’s latest ultra- “In the last few years, GSF has sent a deepwater semisubmersible, number of rigs to Keppel for repair and DSS-51, is an enhancement upgrading. They have been very of the succesful DSS-20 rig, responsive and professional. I am certain Maersk Explorer, built by that the new semi will be a great addition Keppel FELS and Caspian to our fleet.” Shipyard Company

The DSS-51 rig is maintenance- friendly with excellent safety features well suited for both exploration and development drilling as well as workover operations.

With a dynamically positioned system (DPS 2), it can drill wells down to 10,000 m (30,000 ft) and operate in water depths of up to 3,048 m (10,000 ft) in environments such as offshore Brazil, the Gulf of Mexico, West Africa and South East Asia.

OffshoreMarine March/April 2006 3 Jacking up to new heights Within the first 12 weeks of 2006, Keppel FELS received orders for the construction of five KFELS B Class jackup rigs. With these contracts, the total number of KFELS B Class rigs being built by Keppel FELS is 20, with one currently under construction at Keppel AmFELS. These orders further entrench the KFELS B Class design as the benchmark for premium rigs in offshore drilling.

Three rigs for India commendable track record in design, contract, Keppel O&M is poised to construction and timely delivery of entrench its footprint in the offshore eppel FELS made its first entry jackups. Their KFELS B Class, a tried and Indian market as well.” into India with two consecutive proven design in many offshore Knew orders from the Jindal environments, has been verified to meet “We are glad to partner Discovery Group in India. our drilling needs. Hydrocarbons as it grows their fleet of rigs to provide solutions for the offshore The first contract was secured from its “We look forward to developing and market internationally.” associate, Discovery Hydrocarbons Pvt strengthening our partnership with Ltd, to build a KFELS B Class jackup Keppel FELS as we serve the Indian and In the same month, a second order for a valued at US$171 million. The rig is due international offshore market.” KFELS B Class jackup rig valued at for delivery in fourth quarter 2008. US$184 million was signed with Jindal Tong Chong Heong, MD/COO of Keppel Pipes Limited. It includes the design, Said Sam Malhotra, Director of Discovery Offshore & Marine (Keppel O&M), said, engineering and construction of the rig Hydrocarbons Pvt Ltd, “We are glad to “The Indian Ocean which has significant as well as costs in getting the rig work with Keppel FELS for our first oil and gas reserves is one of the world’s operationally ready. newbuild jackup. Keppel FELS has a most sought-after areas. With this new

Keppel FELS rises to the challenge

4 OffshoreMarine March/April 2006 The rig is due for delivery in end 2008. that Keppel FELS, with their track record drilling down to 30,000 feet in water in the design and construction of rigs, is depths of up to 400 feet. Delivery for this The two Jindal rigs have been customised the right choice to help us to offer new rig is expected in second quarter to meet the owner’s operational needs in premium services.” 2009. water depths of up to 350 feet and readily upgradeable to 400 feet. The rigs will have Tong said, “Keppel is glad to partner Work on the first two rigs, WilCraft and a drilling depth capability of 30,000 feet Mercator in their vision of expanding into WilBoss, is progressing well. Deliveries are and can accommodate 112 persons. the offshore exploration and drilling expected in fourth quarter 2006 and early sector. We are committed to help them 2008 respectively. They are suited for deployment in meet expectations as a long-term oil and environments such as the Indian Ocean, gas player.“ Gulf of Mexico, West Africa and South Seadrill orders fourth rig East Asia. This rig is not the first project the Keppel O&M group has undertaken for Keppel FELS has secured a US$132 million Mercator Lines Ltd (Mercator) is the Mercator, which is the second largest contract from a wholly-owned special second Indian customer to sign up with private sector shipping company in India. purpose company of SeaDrill Limited Keppel FELS for the construction of its (SeaDrill) for a KFELS B class jackup first jackup rig for US$180 million. This Keppel had undertaken the fast-track rig. includes the design, engineering and conversion of a Floating Storage and construction of the rig as well as costs in Offloading (FSO) vessel, FSO Devsi, for Delivery of this new order is expected in getting the rig operationally ready. Mercator in 2004. The vessel is now the second quarter of 2008. gainfully deployed in the Indian Ocean. To be delivered in first quarter 2009, the This order was secured via an option given new rig will be built to Keppel’s to Odfjell Partners Ltd (Odfjell) when it proprietary KFELS B Class jackup design. Third jackup for Awilco ordered its first rig in March 2004. Odfjell It will be further customised to meet the placed an order for its second rig in March owner’s operational requirements in water Keppel FELS has secured a repeat order 2005. In mid 2005, SeaDrill acquired depths of up to 350 feet and readily for a third KFELS B Class jackup rig Odfjell Invest Ltd. and was given the right upgradeable to 400 feet. This premium from Awilco Offshore (Awilco) at to exercise Odfjell’s option with Keppel jackup rig will have a drilling depth of US$146 million, via the exercise of an FELS. 30,000 feet and can accommodate 112 option agreement. men. John Fredriksen, Chairman of SeaDrill, The first and second rigs were commented, “We are delighted to have Said Atul J. Agarwal, Joint Managing announced in February and August 2005 signed another newbuilding contract Director of Mercator, “As we expand our respectively. with Keppel FELS. A competitive price, a services into offshore rigs, we recognise good delivery position and a very capable the importance of working with the right Customised to Awilco’s requirements, the yard, makes this into a solid financial deal. shipyard for our first jackup. We believe new rig, WilStrike, will be capable of The ordering of the unit further strengthens SeaDrill/Smedvig ASA’s position as a serious and committed owner and operator of modern high end drilling equipment”.

SeaDrill is also affiliated to Cyprus- registered Seatankers Management Co. Ltd (Seatankers), which had earlier placed one jackup order with Keppel FELS. Ownership of this rig has been assigned to SeaDrill.

Alexander Krafft (right), Senior Vice President of Awilco Offshore, and Michael Chia, Executive Director of Keppel FELS, inking Awilco’s third jackup rig order Continued on page 6

OffshoreMarine March/April 2006 5 Continued from page 5 The KFELS B Class jackup rig design is the market standard for premium drilling rigs With these developments and including the latest contract, Keppel FELS will, to date, be building four jackup units for SeaDrill.

Like the three jackups, this new rig will be of the KFELS B Class design. It is capable of operating in water depths of up to 400 feet, drilling depth of 30,000 feet and accommodating 112 men.

Said Choo Chiau Beng, Chairman & CEO of Keppel O&M, “We are glad to participate in SeaDrill’s vision of building a fleet of premium drilling rigs. We are committed to deliver on time and on budget the four KFELS B class jackup rigs which have a proven track record of highly successful operation in different parts of the world.”

Work on SeaDrill’s first three rigs is progressing well at Keppel FELS yard. The first rig, SeaDrill 3, is scheduled for delivery in May this year. Upon delivery, she will be chartered to TOTAL in Nigeria at a rate of US$166,000 per day for two years.

KFELS B Class track record No Yard Customer Rig Name Expected Delivery Delivered 1 Keppel FELS ENSCO International Incorporated (ex-Chiles Offshore Inc.) ENSCO 104 Delivered 2 Keppel AmFELS ENSCO International Incorporated (ex-Chiles Offshore Inc.) ENSCO 105 Delivered 3 Keppel FELS Atwood Oceanics Atwood Beacon Delivered 4 Keppel AmFELS Perforadora Central SA de CV Tonala Delivered 5 Keppel FELS ENSCO International Incorporated ENSCO 106 Delivered 6 Keppel FELS Abu Dhabi’s National Drilling Company (NDC) AL-HAIL Delivered 7 Keppel FELS ENSCO International Incorporated ENSCO 107 Delivered Currently under construction 8 Keppel FELS Sinvest (DDI) Deep Driller 2 2Q 06 9 Keppel FELS SeaDrill Management SEADRILL 3 2Q 06 10 Keppel FELS Gulf Drilling International (GDI) GULF 4 3Q 06 11 Keppel FELS Sinvest (DDI) Deep Driller 3 4Q 06 12 Keppel FELS Awilco (Premium Drilling) WilCraft 4Q 06 13 Keppel FELS ENSCO International Incorporated ENSCO 108 1Q 07 14 Keppel FELS Petrovietnam Drilling & Well Services Company (PV Drilling) To be named 1Q 07 15 Keppel FELS SeaDrill Management SEADRILL 4 2Q 07 16 Keppel FELS SeaDrill Management SEADRILL 1 3Q 07 17 Keppel FELS Sinvest (DDI) Deep Driller 5 3Q 07 18 Keppel FELS Gulf Drilling International (GDI) GULF 5 4Q 07 19 Keppel FELS Awilco (Premium Drilling) WilBoss 1Q 08 20 Keppel FELS Diamond Offshore Ocean Shield 1Q 08 21 Keppel AmFELS Diamond Offshore Ocean Sceptor 1Q 08 22 Keppel FELS Awilco (Premium Drilling) WilStrike 2Q 08 23 Keppel FELS SeaDrill Management To be named 2Q 08 24 Keppel FELS Discovery Hydrocarbon Pvt Ltd To be named 3Q 08 25 Keppel FELS Sinvest (DDI) Deep Driller 6 3Q 08 26 Keppel FELS Discovery Hydrocarbon Pvt Ltd To be named 4Q 08 27 Keppel FELS Sinvest (DDI) Deep Driller 8 1Q 09 28 Keppel FELS Mercator Lines Ltd To be named 1Q 09

6 OffshoreMarine March/April 2006 Jackup order from Atwood

eppel AmFELS Inc. announced on 3 March 2006 that its contract with a K wholly-owned subsidiary of Atwood Oceanics Inc. (Atwood) for the construction of a new jackup rig has become effective.

This contract follows the Letter of Intent signed between the two companies announced on 7 February 2006.

The rig, excluding Owner Furnished Equipment, is valued at US$110 million and is due for delivery in the third quarter of 2008.

Said Ho Cheok Yuen, President and CEO of John Irwin, President of Atwood Oceanics, said A firm partnership between Keppel AmFELS, “We are glad that Atwood “Atwood and its affiliates are pleased to have C. Y. Ho, President/CEO of recognises our ability to deliver solutions on the opportunity to work with Keppel AmFELS Keppel AmFELS (left) and time and on budget. I am certain that when on this jackup project. Keppel AmFELS has a Alan Quintero, General delivered, this new rig will be a great addition long established reputation as a strong shipyard Manager (Engineering) of to Atwood’s fleet of rigs.” with extensive experience in the construction Atwood Oceanics of ultra-premium jackup drilling units.” This new rig will be built to the LeTourneau Super 116E design, with leg lengths of 477 feet This is Keppel’s second jackup for Atwood (and can be upgraded to 511 feet), and capable Oceanics in three years. The last rig, Atwood of drilling wells up to 30,000 feet deep in water Beacon, was delivered ahead of schedule by depths of 350 feet. Keppel FELS in 2003.

Bourbon AHTS delivered

OURBON Artemis, an Anchor graced the christening ceremony Handling Tug/Supply (AHTS) on 22 February 2006 held at Keppel B vessel with 120 tonnes of bollard Singmarine. pull, is the fourth of seven vessels Keppel Singmarine has delivered to the A sister vessel to three earlier AHTS proud owner, BOURBON Offshore vessels, BOURBON Aladin, BOURBON (BOURBON). Apsara, and BOURBON Alexandre, this medium-size vessel is designed and fitted Godmother Anne-Aymone de with a Class I dynamic positioning (DP) Chateauvieux, wife of Henri de system, firefighting system, with Chateauviex, a Director of BOURBON, capabilities to be upgraded for standby/ service duties and DP Class II.

All the three subsequent vessels for BOURBON Artemis displaying her BOURBON are expected to be delivered prowess during the sea trial later this year.

OffshoreMarine March/April 2006 7 Strengthening ties with Qatar

n keeping with its “near customer, near market” strategy, Keppel O&M I has relentlessly expanded its yard network connection and strengthened its customer base in the Middle East.

With its specialised facilities and expertise in the repair of LNG carriers, Keppel Shipyard is well positioned to support the growing market for natural gas.

Tong Chong Heong, Managing Director and Chief Operating Officer of Keppel O&M, said, “For some time, we have been servicing LNG carriers for Qatar. We are pleased to deepen our relationship and partner with NAKILAT in this significant Serving Qatargas fleet since 1999 new venture, which is in line with our “near market, near customer” strategy.” Offloading systems, and the construction The five-year agreement was signed with of specialised ships, such as offshore MO LNG Transport Co., Ltd (MOL), supply vessels.” Nippon Yusen Kaisha Ltd (NYK) and Joint venture for new shipyard Kawasaki Kisen Kaisha Ltd (K-Line). The yard will also be suitable, with some Through partnering with Qatar Gas additional investment, for the fabrication “There is a growing demand for natural Transport, Keppel O&M has taken a of structures for the offshore oil and gas gas worldwide, particularly in Asia and first step in making its presence in the industry (such as jackup drilling rigs, the US. Keppel Shipyard is well- fast-growing economy of Qatar. process modules and decks, jackets, positioned to support the growing LNG wellhead decks, flare booms, etc.), and carriers market which is expected to treble Keppel O&M has signed a letter of intent the fabrication of components for land- by 2020,” said Nelson Yeo, Executive with Qatar Gas Transport Company Ltd. based petrochemical and industrial plant. Director, Keppel Shipyard. (QGTC/NAKILAT) to jointly develop Additionally, the facility will provide life- and manage a major new facility in the cycle support in all the markets it serves. The vessels under the fleet agreement are Port of Ras Laffan, Qatar, for the Al Zubarah, Al Khor, Al Rayyan, Al Wajbah, construction, repair and maintenance of Planning of the new yard is already well Broog, Zekreet, Al Wakrah, Doha, Al Bidda, ships and other marine structures. underway, and completion of the first and Al Jasra. Keppel Shipyard has been phase of development is scheduled for servicing this fleet of LNG carriers for Conclusion of the joint venture agreement the fourth quarter of 2009. Qatargas since 1999. is subject to approval by the Boards of Directors of NAKILAT and Keppel O&M. The scope of work involves drydocking Drydocking LNG Carriers for survey, maintenance and repair. Faisal Al-Suwaidi, Vice Chairman of NAKILAT, said, “The new facility will be In the same vein, Keppel Shipyard has The first two vessels scheduled to call at designed and constructed in accordance strengthened its customer base in the Keppel Shipyard under this agreement are with best international practice, and Middle East through its latest Alliance Al Wakrah (72,453 dwt) and Zekreet suitable for the repair and maintenance Service Agreement for the drydocking of (72,316dwt) in early May this year. It will of very large LNG carriers and a wide a fleet of Moss Rosenburg (MOSS) type be the third drydocking in Keppel range of other vessels; the conversion of of Liquefied Natural Gas (LNG) carriers Shipyard for both vessels. tankers to Floating Production Storage & chartered by Qatar Liquefied Gas Offloading and Floating Storage & Company Ltd (Qatargas).

8 OffshoreMarine March/April 2006 Keppel shines fourth semi for Diamond

eppel FELS has secured a contract from FELS has undertaken for Diamond Offshore. Diamond Offshore Drilling, Inc. The first three semis are Ocean Baroness, Ocean K(Diamond Offshore) for the major Rover and Ocean Endeavor. The latter is currently upgrading of semisubmersible rig (semi) for undergoing upgrading works at Keppel FELS US$102 million. and is scheduled for completion in fourth quarter 2006. Ocean Monarch will arrive Keppel FELS in mid 2006 for the upgrading and is expected to be Keppel FELS is currently undertaking the operationally ready in fourth quarter 2008. construction of one jackup rig for Diamond Offshore. Its sister company, Keppel AmFELS When completed, Ocean Monarch can operate is also building a jackup rig for the same in up to 10,000 ft of water in a moored customer. Both rigs are of the proprietary KFELS configuration. It will be among the most B Class jackup design from the R&D arm of Ocean Monarch will be modernised and competent of Diamond’s fleet Keppel. upgraded to a of upgraded Victory-class semis. fifth-generation Victory Diamond Offshore provides contract drilling class drilling rig like This will be the fourth in a series of fifth services to the energy industry around the globe generation Victory-class upgrades that Keppel and is a leader in deep water drilling. Ocean Baroness and Ocean Rover

OffshoreMarine March/AprilMarch/April 20062006 9 Keppel Verolme

Arab Heavy Industries

Keppel FELS Keppel Shipyard Blackford Dolphin arrives at Keppel Verolme in March 2006

“To meet the tight delivery schedule, Keppel FELS will leverage resources from sister yards to carry out the job simultaneously. In so doing, we are able to satisfy our customers’ needs in a faster and more cost-efficient manner.” Tong Chong Heong Managing Director/Chief Operating Officer Keppel Offshore & Marine Keppel yards join forces in fast-track upgrading

eppel FELS has secured a Blackford Dolphin, the former Ocean Liberator US$177 million contract for the built in 1974, will undergo fast-track K upgrading of a semisubmersible (semi) refurbishment and have her life span extended drilling rig Blackford Dolphin for Blackford for 20 years. When completed, the upgraded Dolphin Pte Ltd, a wholly-owned subsidiary of drilling unit will have drilling depth capabilities Fred Olsen Energy ASA. increased from 600ft to 7,000ft water depth,

10 OffshoreMarine March/April 2006 ENSCO 56 ready for assignment enabling her to operate in deepwater environments worldwide.

To meet the quick turnaround delivery by end June 2007, the project will be undertaken jointly by Keppel FELS and Keppel Shipyard in Singapore, Keppel Verolme in The Netherlands and Arab Heavy Industries in the Middle East.

Said Tong Chong Heong, Managing ENSCO 56 departs Director/Chief Operating Officer of Keppel Keppel FELS’ yard as Offshore & Marine (Keppel O&M), “This is scheduled, ready for its a fast-track upgrading project and Keppel next assignment. FELS is glad to partner Fred Olsen in offering innovative field development solutions. eppel FELS delivers ENSCO 56 to long time customer ENSCO on “To meet the tight delivery schedule, Keppel schedule. FELS will leverage resources from sister K yards to carry out the job simultaneously. In October 2005, ENSCO contracted Keppel FELS for a fast-track repair job In so doing, we are able to satisfy our on ENSCO 56. After a four-month stay in the yard, the F&G Mod 2 jackup customers’ needs in a faster and more cost- rig was ready for its next assignment in New Zealand. efficient manner.” The project scope included upgrading of the drill floor and cantilever systems, Keppel Shipyard, Keppel Verolme and Arab above its steel repairs, painting works and installation of additional living Heavy Industries will be responsible for the quarters. Due to its extensive job scope, the Keppel project team was faced fabrication of the lower and upper hull with a very tight schedule. structures and modules. Keppel Verolme will undertake the overall integration of the Rising to the challenge, Senior Project Manager, Wilson Goh and his project structure and modules as well as carry out team began planning for the project before the rig even arrived. the repairs and maintenance works on the semi. Rig inspections offshore prior to the rig’s arrival at the yard allowed the project team to assess the job scope and look into the engineering details. Commenting on the strategy, Tong said, Once the necessary assessments were made, material procurement and pre- “By integrating the expertise and experience fabrication works were carried out. of our yards, we make the best use of our available resources to provide maximum Upon its arrival, the project team swiftly launched in to action. value to our customers.” The completion of this repair project marked the first repair project with Said Helge Haakonsen, Chief Executive ENSCO’s new Project Manager, Ron Couet. Officer of Fred Olsen Energy ASA, “By choosing a yard with a proven track record He said, “Although this was my first repair project with Keppel FELS, we for delivering major drilling rig conversions shared an excellent working relationship. The strong relationship has never on time and within budget, Fred Olsen changed. I remember how strong it was when I was first here in 1996. Energy aims to ensure availability of the Through this project, I can understand why ENSCO and Keppel FELS have upgraded rig to the market during third enjoyed such a long standing relationship. I am looking forward to our quarter 2007.” future projects together.”

OffshoreMarine March/April 2006 11 Keppel Nantong gears up for shipbuilding

ith the number of contracts Establishment, and two AHTS vessels for On 20 February 2006, the yard welcomed secured by Keppel O&M Gulfmark Offshore, Inc. representatives from Gulfmark Offshore W increasing steadily, sister Inc., Keppel Singmarine’s long-time yards in Keppel’s global network are The vessels are expected to be delivered customer, who were pleased with the gearing up to share the workload. progressively from third quarter 2007 till environment and capabilities of the yard. the third quarter of 2008. At Keppel Nantong Shipyard, renovation and refurbishment works have already been completed and the yard has commenced construction works for the offshore support vessels (OSVs) under contracts clinched by Keppel Singmarine.

New facilities and equipment such as cranes and steel-plate cutting machines have been added. The yard first struck steel for the vessels in March 2006.

Keppel Nantong Shipyard is currently building four Anchor Handling Tug/ Supply (AHTS) vessels for owner Hadi Offshore Pte Ltd., a newly established Singapore subsidiary of Saudi Arabian company, Hadi H. Al-Hammam Geared up for newbuildings of OSVs at Keppel Nantong Shipyard

Management share the capabilities and facilities with guests First strike steel from Gulfmark Offshore

12 OffshoreMarine March/April 2006 Securing two Prosafe FPSO conversions

eppel Shipyard has been awarded two contracts valued at Kapproximately S$130 million for the conversion of two Floating Production Storage and Offloading (FPSO) facilities for Prosafe Production (Prosafe).

A leading owner and operator of FPSO and FSO facilities, Prosafe has in the last nine years entrusted Keppel Shipyard exclusively to carry out the conversion of all their FPSO and FSO systems.

With the two latest FPSO/FSO conversions projects, the number of such projects carried out by Keppel Shipyard for Prosafe will add up to eight since 1997. Keppel Shipyard has completed six FPSO/FSO conversions, including Said Nelson Yeo, Executive Director of ABO FPSO, for Prosafe since 1997 Keppel Shipyard, “We are delighted with the trust and confidence that Prosafe has in Keppel Shipyard. We will continue to installation of the internal turret, flare and turbo alternators; renewal of bottom focus on fast track conversions to further tower and helideck; integration of plates, and internal tank blasting and strengthen our market position.” production skids, boilers and turbo painting. alternators and renewal of bottom plates, Added Hugh Parry, Managing Director of as well as internal tank blasting and Due for completion in first quarter 2007, Prosafe, “We have entrusted Keppel painting. the FPSO facility will be deployed at the Shipyard with the conversion of a number Tui Field located in the Taranaki Basin, of sophisticated FPSO projects due to Upon delivery in end 2006, the facility offshore New Zealand for New Zealand their strong track record. We have will be deployed in Polvo Field off Brazil Overseas Petroleum Ltd. confidence in their reliable and quality for Devon Energy. service.” Keppel Shipyard is the world leader The second award is for the conversion in FPSO/FSO conversions, having The first award is for the conversion of of a Suezmax tanker, a 25-year old tanker, completed 59 FPSO/FSO conversions the 25-year old tanker, M.T. Apollo, into M.T. Ionikos, into an FPSO capable of and upgrading projects since 1981. It is an FPSO capable of handling a daily oil handling a daily production of 50,000 also the leading yard in shiprepair and production of 90,000 barrels of oil per bopd, daily fluid capacity up to 120,000 other vessel conversions as well as LNG day (bopd), daily fluid capacity up to bfpd and having a storage capacity of repairs. 150,000 barrel of fluid per day (bfpd) and 770,000 barrels of oil. having a storage capacity of 1.78 million An innovative supplier of products and barrels of oil. Work on the vessel will include the services in niche areas in the global fabrication and installation of the internal offshore oil and gas industry, Prosafe is a The workscope for the 257,865 dwt turret, flare tower and helideck; leading owner and operator of FPSO/FSO tanker will include the fabrication and integration of production skids, boilers vessels outside the North Sea.

OffshoreMarine March/April 2006 13 LNG carriers drydock at Keppel Shipyard

Hoegh Gandria and S.T Ekaputra

eppel Shipyard (Benoi) was bustling Managed by Humolco Trans Inc (Jakarta, with action with the first two LNG Indonesia), Ekaputra was drydocked for K vessels, Hoegh Gandria and 10 days during which she underwent repair S.T Ekaputra, at the yard for the year. works, including the installation of 418 bottles of carbon dioxide fire extinguishing system, Hoegh Gandria, the 1977-built vessel with a re-varnishing and overhaul of cargo pumps, gross tonnage and deadweight tonnage of low and high duty compressor overhaul, LP 96,011 and 66,999 respectively, entered the main turbine overhaul and installation of yard on 25 February 2006. optical system (ESDS).

Extensive cable renewal of more than 16,000 m S.T Ekaputra left the yard for her scheduled in length, main turbine overhauling and trading from Bontang (Indonesia) to Tung An insulation works were carried out. Completed (Taiwan) in early April while Hoegh Gandria in record time of one month, Keppel earned set sail for her loading port in Arun (Indonesia) praises from the vessel’s owner, Hoegh Fleet end March 2006. Services A S (Oslo, Norway) as well as its overseas specialists who had worked on the A regional leader in the repair of LNG carriers, vessel during her time in the yard. Keppel Shipyard has recently been entrusted with the job to carry out the conversion of a Joining her, S.T Ekaputra arrived at Benoi Yard floating liquified natural gas storage and re- on 10 March 2006 for her fifth dry-docking in gasification unit. This conversion project for Keppel since the 1990s. This Moss-type vessel Golar LNG Limited is the first of its kind in with a gross tonnage of 109,258 and total tank the world. capacity 138,369 m3 was built in 1990 by Mitsubishi Heavy Industries Ltd for its owners, Cometco Shipping Inc (Monrovia, Liberia).

14 OffshoreMarine March/April 2006 Keppel now owns 81% of KPMI

To cater to growing demand for rigs, the facilities of Keppel Batangas Shipyard have been upgraded to undertake offshore work

eppel O&M through its Batangas and Keppel Cebu are wholly Keppel Cebu Shipyard accounted for wholly-owned subsidiary, KS owned by KPMI. Subic Shipyard is an Php 566 million, from shiprepair. KInvestments, has on 6 April 2006 associate. acquired an additional 51.08% interest in KPMI’s consolidated operating profit Keppel Philippines Marine, Inc. (KPMI). increased by 56% to Php 232 million as a KPMI posts record profit result of improved margins and reduced This was pursuant to KS Investments’ cost. tender offer made on 1 March 2006, and Keppel Philippines Marine (KPMI) resulted in KS Investments’ interest in registered consolidated sales revenue of Contributions from associates, especially KPMI increasing from 29.47% to 80.55%. Php 1.452 billion for the year 2005. This Subic Shipyard and Engineering, represented a 6% improvement over that increased 121% from Php 25.7 million This general offer is part of the Keppel of the previous year. to Php 56.8 million in 2005. Group’s plan to consolidate its regional investments in the marine industry under The increase was attributed to the Pre-tax profit at Php 313 million and KS Investments. good performance of its shipyards. after-tax profit at Php 252 million were 68% Keppel Batangas Shipyard contributed and 84% higher respectively compared KPMI operates three shipyards in the Php 885 million, of which 69% came with their corresponding results in 2004. Philippines: Keppel Batangas Shipyard from its shiprepair activities and the rest (Keppel Batangas), Keppel Cebu Shipyard from its shipbuilding contracts, (Keppel Cebu) and Subic Shipyard and recognised based on percentage of Engineering (Subic Shipyard). Keppel completion.

OffshoreMarine March/April 2006 15 The next lap for P-52 The race to complete one of the world’s largest semisubmersible Floating Production Unit (FPU) the mission of delivering the lower hull of P-52 to Brazil.

Goodbye, Singapore

aving successfully completed An the Singapore lap, the lower hull exceptional H of P-52 left Keppel FELS for Keppel FELS Brasil in Angra, Brazil, where it will begin its next lap. job

Dry-towed, P-52 left on 22 February 2006 Dear Michael, and embarked on an arduous journey before arriving in Brazil 35 days later. On behalf of Petrobras, I would like to say that we are very pleased with the exceptional job done by Keppel Upon arrival, the lower hull will undergo FELS. We have built up a very topside integration to form one of the strong partnership and that has P-52 bids farewell to Singapore world’s largest floating production units certainly helped us to achieve what (FPU). I call SUCCESS.

The P-52 FPU is being constructed I would like to express my gratitude to those who have been using cutting-edge construction and working closely with the Petrobras engineering techniques. After two years team: Iqbal Rahuman and his of sheer hard work and solid partnership engineering team. Yew Ming Yeong; between the Keppel-led consortium and S Y Tan and their production Petrobras, P-52 is well on its way to team; Leow and his commissioning completion. team; Nonis; Marcus and the QA team; W B Lim;Tan Ven Fu; When deployed in the deepwater Richard Tay; Chor How Jat; B H Woo; Yeong Wai Seng and many Roncador field in the Campos basin in others. 2007, the FPU will be able to produce 180,000 barrels of oil a day. Unfortunately, I can’t name all of them as the list would be very long. Yeong Wai Seng, Senior Project Manager My sincere apologies for that. The lower hull of P-52 rests on Blue of Keppel FELS, who took the project Marlim – a dry-tow vessel – as it sets sail through the Singapore leg shared, “We are Last but not least, a very special for Brazil glad and relieved. Glad that it is a job well thank you to Mr CB Choo and Mr CH Tong. done on our part, achieving great engineering feats like the mating of the Once again, thank you very much two sections of the lower hull. to all of you. I’m looking forward to work with Keppel FELS again. “And we are relieved, knowing that we are passing the baton to our colleagues in Best Regards, Keppel FELS Brasil who are able to ensure Flávio Siqueira Júnior that Keppel’s stamp of quality will be P-52 Lower Hull Construction evident anywhere in the world.” Manager

16 OffshoreMarine March/April 2006 continues as Keppel FELS successfully accomplishes

Ahoy! Brazil

The lower hull of the semisubmersible floating production unit (FPU), P-52, arrived majestically in Brazil on 29 March 2006.

The joy and jubilation were overwhelming at BrasFELS yard for the historical moment of the passing of baton for the P-52 project from Keppel FELS in Singapore to the team on its homeground.

The next lap of the race is now taken over by Keppel FELS Brasil for the completion P-52 arrives at Keppel FELS Brasil’s BrasFELS yard in Angra dos Reis, Rio de of the deckbox, the complete topsides and Janeiro the living quarters, and Technip for the process engineering and marine mating. It took the yard two years of studies, For Keppel FELS Brasil, it enables The arrival of the P-52 lower hull at evaluations and community activities to BrasFELS yard to carry out future mega Keppel FELS Brasil’s BrasFELS yard in educate local stakeholders of the nature projects requiring deep draft, besides the Angra dos Reis, Rio de Janeiro, marks a and implication of the work. immediate movement of the P-52 and its major milestone towards the completion twin project the P-51 to and from the yard. of P-52. Five environmental programmes were developed to minimise possible impacts The construction of the P-52 FPU was first It also coincides with the successful on fishing and tourism activities in the clinched by 75:25 consortium of Keppel dredging of the Jacuecanga Channel in area. and Technip in December 2003. front of BrasFELS shipyard to allow access Innovative solutions and fulfilment of the and movement of the P-52. A dredge solemnity-carrier was selected requirements for local contents put forth to carry out the dredging by suction to by the Brazilian government were key to Dredging began in early January 2006 to ensure minimal impact. The dumping securing the US$775 million contract. increase the depth of the access channel ground is 35 miles off the coast and was to the wharf of BrasFELS yard to a depth chosen to ensure that the temporary When completed, the P-52 FPU will stand of 11 metres, one km long and 200 metres dispersions of the materials during 34-storey high and 10 Olympic wide. dumping do not alter the transparency of swimming pools wide. The platform will the water at the beaches and tourist spots. be anchored in a depth of 1,795 metres Work on the Jacuecanga Channel started in the Campos Basin, and will have the only after BrasFELS had received an The dredging work and its completion is capacity to produce 180,000 barrels of oil environmental license from the Rio’s State highly significant to Angra dos Reis. It has per day and 9.3 million m3/day of gas. Foundation of Engineering and secured continual livelihood for 5,000 Environment (FEEMA) following a residents from the town, who depend on See pages 20 & 21 for more stories on P-51 thorough evaluation of the environmental the consistent stream of work in BrasFELS and P-52. impacts. shipyard.

OffshoreMarine March/April 2006 17 KFELS Super B for the X

ne of the world’s most capable 1 drilling jackup rigs was O christened on 8 April 2006. Named Deep Driller 2, the rig is the first of a fleet of five jackup rigs that Keppel FELS is building for Sinvest ASA (Sinvest).

This milestone marks the successful on-time completion of Deep Driller 2.

Built to the KFELS Super B design, Deep Driller 2 is an enhancement of the highly acclaimed KFELS B Class design. The rig is developed to the owner’s specifications and marks another achievement in Keppel’s design and engineering capability.

When delivered, the state-of-the-art Super B will be deepest drilling rig in water depths of 350 feet. It is capable of drilling down to 35,000 feet. It is also developed to withstand high pressure and 8 high temperature conditions during Reliability begets renown operations. Being the number one rigbuilder does Said Bjarne Skeie, Chairman of Sinvest not come easy. Keppel FELS’ reputation and Deep Drilling Invest (DDI), “With the stems from its commitment to being capabilities of drilling deep wells, long reliable and delivering value-added horizontal wells and deep down to products and services. Its dependable, 35,000 feet, this jackup is the only jackup quality products are predictably delivered in the world which has all these on time and within budget always. capabilities in one unit. It is prepared for the extreme drilling market.” As Choo Chiau Beng, Chairman/CEO of Keppel O&M, the parent company of A job is already waiting for the rig. Upon Keppel FELS pointed out, “At Keppel, we its delivery, Deep Driller 2 will go to Brunei recognise that on time deliveries are Shell Petroleum Company for deployment critical to rig owners especially during offshore Brunei Darussalam. such an active offshore drilling market.” 2003. With a brilliant concept in hand, he came to Singapore and approached It is this hallmark which has propelled Necessity creates brilliance Keppel FELS to develop the Super B Keppel FELS to global status and attracted model. many customers worldwide. Amongst This solution for the extreme drilling them are the Norwegians who have market was formed out of necessity. “Singapore is the build centre for drilling given Keppel some S$3 billion worth of rigs and Keppel FELS is the number one work. Bjarne saw a need to offer a product with and most experienced shipyard in the a creative feature in anticipation of an world,” complimented Bjarne during the “As I look across the Keppel Offshore & upturn in the drilling services market naming of the rig by his daughter, Lena Marine organization, I recognise that they which was then in the troughs in early Skeie. have a system for building and delivering

18 OffshoreMarine March/April 2006 Xtreme drilling market

2 3 4

5 67

1. Lady Sponsor, Lena Skeie (left) christens jackups that allows them to have a refined told the 150 guests present at the Deep Driller 2. (From left) Choo Chiau and controlled product, delivered on time event, “Over the years, Singapore, Beng, Tong Chong Heong, MD/COO, to the specification that they are able to corporations, workers and unions have Keppel O&M, Minister Lim Swee Say, Lim Chee Onn and Michael Chia, agree long in advance,” affirmed Bill Rose, worked very hard to establish ourselves Executive Director, Keppel FELS President and CEO of Premium Drilling, to be a leading business hub in this part 2. Management of Keppel and Sinvest the joint venture operating and marketing of the world.” receive Minister Lim arm of Sinvest. 3. Michael Chia presents the rig’s name He noted that this is a reciprocal plate to Rig Manager, Guy McNabb relationship and that the tripartite of 4. Lena celebrates the joyous occasion with daughter, Liv Kinsella Teamwork delivers success corporation, union and workers gives 5. An eventful day for Minister Lim as he local corporations the competitive edge gets an insight into the rig’s operations The successful partnership between for success. 6. Minister Lim meets Keppel’s men of steel Keppel and Norway is a result of the 7. Minister Lim tries the drilling operator’s business friendly policies of the Singapore Citing Keppel as a company which looks seat on Deep Driller 2 8. A warm partnership between Bjarne Government, said Choo. after the interest of the workers, he said, Skeie (left) and Tong (right) “Keppel is a shining example of this He shared, “The foreign workers policies excellent labour management relation. At in Singapore have helped ensure sufficient Keppel, the management is always on the Assuring Sinvest that Keppel O&M would labour to meet the growing number of lookout for measures and initiatives that live up to its reputation as the number projects in our yards. Business friendly further the interest of the workers. It is one shipyard with on time deliveries, practices have also helped Keppel in many precisely because of this kind of Choo told Bjarne in the presence of of our commercial dealings with countries management commitment that the unions Minister Lim and Keppel Corporation’s like Norway.” and the workers are doing their very best Executive Chairman Lim Chee Onn that, as a team, to deliver their commitment to “You will also be very happy to know that Guest-of-Honour, Minister Lim Swee Say, the customer, at the highest quality, at the the other four Sinvest rigs under Minister, Prime Minister’s Office, talked lowest cost and most importantly, always construction here at Keppel O&M are about management-union relations. He on time”. progressing well according to schedule.”

OffshoreMarine March/April 2006 19 Double happiness for Keppel FELS Brasil Keppel FELS Brasil receives accolades for its consistent effort to pursue the highest standards for project management and its commitment to Health, Safety and Environment.

Achieving double certification Honoured by Petrobras At the award ceremony held at Keppel FELS Brasil’s Niteroi unit, the Roncador eppel FELS Brasil, together with Keppel FELS Brasil through its Niterói Field Project Manager, Antônio Carlos its subsidiary, BrasFELS yard yard received from Petrobrás the Quality, Justi, congratulated Keppel FELS Brasil K and its facility in Niterói, have Safety, Environment and Health (QSMS) on this achievement. He said: “The been awarded the Safety and award for 2005 on 16 March 2006. competence of the company in the Occupational Health Administration execution of the project led to the OHSAS 18001 and ISO 14001 System Keppel FELS Brasil emerged the winner winning of the award. This is the fruit of of Environmental Administration under the project “Implementation of labour of the teamwork in Keppel FELS certification by Bureau Veritas Quality Enterprise for Roncador” (IERO) where Brasil.” International (BVQI) in February 2006. seven shipyards involved in the P-52 project were closely evaluated for one year Tong Chong Heong, MD/COO of Keppel With this, Keppel FELS Brasil achieves the for their Quality, Safety, Environment and O&M said, “It is indeed a great honour rare distinction of being the first company Health practices. to receive this recognisation from our in Brazil’s marine industry to obtain both valued client. This is undoubtedly a great qualifications. The manager of the Niterói yard, motivation for the whole team of Keppel Edmundo Santos, was also honoured FELS Brasil. Said Milton Areas, Corporate Manager of with his team. Health, Safety and Environment (HSE), “Keppel FELS Brasil is committed to uphold the highest standards of safety and environment at our workplace to ensure we provide products and services of the highest quality to the marine sector in Brazil.”

“This marks an important achievement in aligning the systems and processes of our Brazilian operations with that of Keppel O&M to comply with the international environmental and safety standards.

“It is the collective achievement of the employees of Keppel FELS Brasil, especially the HSE teams from BrasFELS and Niterói,” beamed President & CEO of Keppel FELS Brasil, Tay Kim Hock.

The team at Niteroi Yard beaming with pride

20 OffshoreMarine March/April 2006 “I would like to congratulate and thank the team be moved to BrasFELS yard where they will at Keppel FELS Brasil and I am sure we will be installed on the deck box of P-52. work harder to reach a greater level of excellence in all our projects.” The construction of the modules took about 1.8 million manhours work without accidents. The Niterói yard of Keppel FELS Brasil is presently constructing four modules for P-52. The Niterói yard is currently also fabricating four All four of them are near completion and will modules for the P-51 floating production unit.

(From left to right): Edmundo Santos, Manager of the Niterói yard, Eduardo Nuñez, Project Manager of the P-52 Project, Tay Kim Hock, the President & CEO of Keppel FELS Brasil, Tong Chong Heong, Managing Director (MD) and Chief Operating Officer (COO) of Keppel O&M, Jorge Luiz Zelada General Engineering Manager for Petrobras, Antônio Carlos Justi, Roncador Field Manager, Sergio Azeredo, Representative of Petrobras at Niterói

Keppel imparts values to newbies

ur Core Values are important anchors of our organisation…”, ‘‘O – Chairman & CEO Choo Chiau Beng. Addressing new Keppelites at the inauguration of the Keppel O&M Corporate Orientation on 3 March 2006, Choo Chiau Beng, Chairman & CEO of Keppel O&M, reiterated the importance of core values in shaping behaviours and actions.

To be conducted on a monthly basis, the Keppel O&M Corporate Orientation provides an overview of the organisation’s Vision, Mission, Core Values, businesses, strategic directions, Group policies and career progression. The orientation program aims to strengthen communication with new Keppelites At the end of the orientation, they were asked S. Jayakumar, Keppel by giving them an appreciation of the various facets to pen down the work targets they hope to FELS’ General Manager of Keppel O&M. achieve in the next six months in a “Dear Me” of Marketing, shares his postcard. At the end of the six months, the self- experiences Many of the participants expressed their addressed postcard will be posted back to them appreciation in providing them a platform to for reflection and to take stock of their set targets interact with the Management. and achievements.

OffshoreMarine March/April 2006 21 Friendship at work

Celebrating friendship (from left): Choo Chiau Beng, Fritz Muller, Tong Chong Heong, Bozidar Petrovic, Helmut Ponath, Herbert Prinzen, Dr Hans Vieregge and Nelson Yeo

eppel Shipyard and Niederelbe In 1988, the repair of NSB’s first vessel, Proud Schiffahrtsgesellschaft GmbH & Co. Eagle, was carried out at the old Keppel K KG (NSB), with bonds of friendship Shipyard at Telok Blangah. Since then, the spanning 20 years, gathered to celebrate the partnership has strengthened over time. docking and repair of NSB’s150th vessel, CMA CGM Voltaire, at Keppel Shipyard on The mutual trust and bond have blossomed into 23 February 2006. family-like ties at the two companies.

Keppel Shipyard’s close and long-standing This is clearly evident in the strong turnout of relationship with Helmut Ponath, President & the past and present Keppel Shipyard team CEO of NSB, started in 1984 when Mr Ponath members who had worked with NSB over the first worked with Nelson Yeo for the drydocking years. of a vessel from his old company. Choo Chiau Beng, Chairman & CEO of Keppel O&M, and Tong Chong Heong, MD & Kelvin Goh, the Project COO of Keppel O&M and Managing Director Manager for 150th vessel of Keppel Shipyard, were also present to extend flanked by Nelson Yeo Keppel Shipyard’s appreciation for NSB’s and Bozidar Petrovic, continued support. Vice President of NSB Nelson Yeo, Executive Director of Keppel Shipyard said: “I am proud to have project managers like Kelvin Goh and Jeffrey Chua who are committed to dedicated service and strong partnership to NSB, our friend and valued customer.

“I am confident that our partnership will grow from strength to strength. We look forward to

22 OffshoreMarine March/April 2006 A gathering of the present and ex-Keppelites including Lawrence Mah (left) and Loh Wing Siew (fourth from left)

the docking and repair of the 200th NSB vessel is my fourth NSB baby. It is an honour to be in our yard in the near future.” entrusted as the Project Manager for the 150th NSB vessel docking in Keppel. Kelvin Goh has recently been appointed as Project Manager for NSB vessels docking at “I enjoy working with the NSB team because Keppel Shipyard. He was previously Assistant we share the same passion and enthusiasm. Project Manager. My experiences on the first NSB vessel “BUXCROWN” with Mr Ponath has trained me He said, “The 150th vessel CMA CGM Voltaire well to deliver the best for NSB.”

Showcasing Keppel at APM

eppel Offshore & Marine (Keppel O&M) showcased its wide range of K offshore and marine capabilities at the bi-annual Asia Pacific Maritime (APM) exhibition.

Held on 22 to 24 March at Singapore Expo, APM 2006 is into its ninth run. The exhibition attracted 600 companies from 45 countries.

Mrs Lim Hwee Hwa, Minister of State for Finance and Transport, graced the event.

On behalf of the Singapore Pavilion, Michael Chia, President of the Association of Singapore Marine Industries (ASMI) and Executive Director of Keppel FELS, gave the guest-of- honour a good overview of the industry players present at the show. Michael Chia and Minister of State Lim Hwee Hwa share a moment at the model of Maersk Explorer, a drilling semi built for Maersk Contractors

OffshoreMarine March/April 2006 23 Keeping a promise sound In an environment where safety and security are paramount and adverse distractions a liability, the security team led by Anthony Toh, Keppel O&M Group Security Manager shoulders the important responsibility of ensuring the security and safety of the yards.

ach time a terrorist activity takes place, investments and implementation of systems to it reminds us of the uncertain times keep antagonists at bay. E today. Targets are indiscriminate, making almost anything anywhere a potential. Senior Guard Commander, Mahinder Singh is Shipyards are no exception. one of the outriders that the security team deploys to patrol the yard daily. During his That is why nothing is taken for granted in the patrols, he ensures that everyone adheres to the premises of Keppel O&M. Anthony Toh, Keppel yard rules, looks out for any irregularities and O&M Group Security Manager and his team of trespassers from land or sea. Senior Officers lead a 114-strong Group Security Team to ensure that customers and Mahinder shares, “For the past 17 years, I patrol stakeholders are fully assured of the security the yard and take enforcement actions against and safety of the yards. any offenders. As a result, I may have offended some people or caused them to be wary of me. However, I take pride in carrying out my duties Realistic simulation exercises Security is Paramount fearlessly.” are carried out by the Keppel O&M security team The team adopts a two-pronged approach to Hawk-eye Senior Guard Commander, to finetune the co-operation the security of the yards. The first is to ensure Mahinder Singh asserts that Big Brother and coordination with that the daily proceedings of the yards are in order and the second, strategic long-term external agencies like the is always watching Singapore Police Force

24 OffshoreMarine March/April 2006 Safe and secure – flanking Anthony (front centre) and part of the Keppel O&M security team is the Outrider Squad

“I also ensure that vehicles do not obstruct painstakingly developed over time to partnership activities with the Singapore the flow of traffic or cause any effectively respond to the crisis. Police Force, Singapore Civil Defence obstructions in order to facilitate all the Force, Police Coast Guard and the work in the yard,” he added. One initiative is the Shipyard Security Maritime & Port Authority of Singapore Watch Group (SSWG), which comprises (MPA) on security exercises and drills to Anthony and his second-in-command, Keppel O&M, Singapore Technologies meet the ISPS requirements. Desmond Oliveiro, who between them Marine (ST Marine) and Jurong Shipyard. have a total of 70 years of experience with Together with the Singapore Police Force For all its efforts, the Watch Group was the Singapore Police Force, train and and other Home Affairs agencies in the presented with a Silver award by the educate their officers. Jurong Industrial Estate, the SSWG serves South West Community Development to tighten the overall security within the Council and a Gold award by the National Providing an account on how he taught immediate vicinity through joint patrols. Community Safety & Security Program his officers to do surveillance when they (CSSP). spotted a suspicious bag (filled with Combined training and exercises that copper trimmings) lying around in the include crisis simulations such as “We invest a lot of resources, time, money, yard, Anthony said, “I told them to be in chemical threats, bomb hoaxes and manpower to ensure safety in the yard their civilian clothing to be hostage situations are also carried out to because we never know what will happen. inconspicuous. Then to keep a lookout strengthen inter-yard relations. These Accidents do happen and risks are ever on the bag at a distance. Finally, the culprit simulations are carried out in compliance present, but through these investments, came back to collect the bag and was with the International Ships & Ports the detrimental effects of these adversities nabbed by us!” Security (ISPS) regulatory requirements can be significantly reduced,” said for world-class maritime facilities. Anthony.

100% Operational Readiness Daunting, the task may be, it is all in a Accolades day’s work for Anthony and his team, as The bigger challenge is in the event of a they contribute to delivering the promise crisis where the systems set up are tested. On 13 January 2006, the SSWG held its of ‘On Time, On Budget’ to customers. These have been purposefully and inaugural seminar to share their ongoing

OffshoreMarine March/April 2006 25 Zero downtime on P-53

-53 commemorated its first major safety milestones for P one million manhours without lost-time incidents.

More than 40 Petrobras, Charter Development LLC and Keppel Shipyard project team members attended the event. They were joined by Mr Eduardo Bordieri, Asset Manager for the Marlim Leste Field.

Previously known as VLCC Settebello, P-53 is undergoing a hull conversion, which includes the installation of a marine system as well as the fabrication and integration of the internal turret on the 322,446 dwt tanker.

With 75 risers, the turret on P-53 will Safety first: celebrating P-53’s one million manhour lost time incident-free milestone be the largest ever fabricated and installed in the world. Due for the Marlim Leste field in the Campos Basin, the production unit is scheduled for completion in end One million manhour lost time incident-free 2006. Dear Terry Wong, Works are underway for fabrication of the turret, accommodation and office On behalf of PETROBRAS/CDC, I would like to congratulate blocks, refurbishment of the engine Keppel Shipyard for this remarkable achievement. room and pump room, as well as painting and installing of new This is the real proof of the commitment of the Keppel family with the most structures and piping in the tanks and important value we all (workers, managers, human beings) have: LIFE. deck. I expect to join you to commemorate very soon the next target: 2 million Upcoming project milestone will be manhour incident-free. the lifting of the N01 block in May 2006 and second drydocking in Thank you and congratulations, June 2006. Sincerely, “This safety achievement has been made possible through the joint effort Edmilson Medeiros of both client and shipyard site teams,” P-53 Construction, Assembly and Integration Manager said Terry Wong, Project Manager for P-53.

26 OffshoreMarine March/April 2006 Safety award for Keppel FELS

onstruction of WilCraft, the Pete England wrote, “…(safety) is maiden KFELS B Class jackup something that we have come to expect C for Awilco Offshore (Awilco) as second nature to Keppel FELS. began in April last year. Work on the rig has progressed well, culminating in the “What impresses us further is that on project team achieving one million WilCraft, this has so far been achieved manhours without a lost time incident in without any let up on the drive to meet February this year. schedule and quality targets, despite the current unprecedented workload in your to safely and successfully install, test and Awilco recognised this achievement by yard.” commission this considerably increased presenting Keppel FELS with a Safety scope of equipment for delivery in the Excellence Award and a Safety Bonus of Pete added, “Safety is one of the foremost fourth quarter of this year. US$10,000. This commendation is concerns for Awilco in our fleet expansion testament to Keppel O&M’s commitment programme, and it is for this reason that “We would like to take this opportunity to excellence in safety, in which every all our jackup rigs are equipped with a to encourage you to continue in the same employee is inculcated with the value to significantly increased degree of exceptional drive and spirit that you have make safety a part of life. mechanisation within the pipehandling displayed so far, and by doing so, we are process areas. confident that you will successfully Awilco shares this value. In its surmount these impending challenges commendation letter, Project Manager “The challenge for Keppel FELS will be safely.” Building an incident-free culture

he project teams for Keppel FELS the programme approached the issue of aim to continuously improve safety and Transocean came together for safety enhancement by analyzing both performance through various initiatives. T a teambuilding exercise, ahead of companies’ safety culture, combining The teambuilding programme is one of their new projects. their best traits for application to the them. upcoming projects. A two-day session entitled “Working Said Transocean Project Manager, Byron Together to Expand Our Safety Culture”, Said Michael Chia, Executive Director of Halbleib, “This investment in our work Keppel FELS, “Safety is a continuous force will provide strong dividends journey without a stop. We must towards our common goal of successfully constantly improve, enhance and ensure completing these projects incident free, that our safety measures are in place to on time and on budget.” reduce or eliminate risks.” He added, “Full and active participation Sharing the same fervent commitment in this teambuilding programme by the to safety, Keppel FELS and Transocean Keppel FELS project team leaders typifies Keppel FELS’ proactive approach to safety management and demonstrates why Keppel is a recognised world-class Safety through team effort between leader in their field.” Keppel FELS and Transocean

OffshoreMarine March/April 2006 27 Delivering global solutions

Choo Chiau Beng, Chairman & CEO of transporters including Liquefied Natural Keppel O&M shared this formula, which Gas (LNG)/Liquefied Petroleum Gas mirrors that of Keppel, at the World (LPG) and crude oil carriers. Maritime Technology Conference (WMTC) 2006 from 6-10 March in Mr Choo also spoke about striking a win- London. win relationship between the shipyard and its customers. Citing Keppel O&M Illustrating from the oil and gas value as an example, he discussed how the chain, Mr Choo discussed the role of a group partners its customers to provide shipyard in the upstream and midstream maximum value that can meet their needs (Second from left) CB Choo meets sector. and business objectives. His Royal Highness Prince Philip Duke In upstream, with its design, construction Aptly themed Maritime Innovation – of Edinburgh, at the World Maritime and conversion capabilities, Keppel is able Delivering Global Solutions, WMTC 2006 Conference 2006 to provide seismic, drilling, support and aimed to promote integrated solutions to maintenance vessels in this area. industry-wide issues while assessing its o succeed, a shipyard must have impact on global economies now and in strong capabilities, understand While in midstream, Keppel’s expertise the future. T the needs of its customers and be lies in providing repair and upgrading able to provide solutions. services to a suite of tankers and

Knowledge sharing

“However, for the quantum leap, innovation should be driven nowledge sharing is essential for best practices. by technology foresight which means engaging in R&D, K Mistakes are learnt and avoided. interpreting market trends and having the industry expertise.” Choo Chiau Beng, Chairman & CEO of Keppel O&M shared this at the launch of the Directory of Experts on 15 February 2006.

As its name suggests, the Directory of Experts is a valuable reference list of specialists in fields such as engineering, 3-D modelling right up till rig construction and FPSO conversion.

Easily accessible via the Enterprise Information Portal (EIP), this latest initiative under the auspices of the Knowledge Management (KM) programme provides a platform for Keppelites to approach the experts for guidance.

Charles Foo, MD (Special Projects) of Keppel O&M and the champion for KM, commented, “Knowledge Management is one of the drivers of innovation. Directory of Experts at a click

28 OffshoreMarine March/April 2006 Investing in human capital

eppel O&M hosted delegates These initiatives include scholarships, from the Ministry of Manpower further education sponsorships for K (MOM) – Foreign Workforce employees, participation in career fairs, Department and the Economic rehiring of retired but physically fit Development Board (EDB) on 8 February employees and supporting various 2006. The aim of the dialogue session and institutions in nation-wide recruitment yard visit was to understand the drives, such as the Super V programme, operations of the yard. Republic of Singapore Navy – career transition programme and the Yellow Said Tong Chong Heong, MD/COO of Ribbon programme. Keppel O&M, “The industry has a compelling need for a constant stream of Urging for more mutually beneficial tradesmen and for their skills to be initiatives, Tong said, “We look forward upgraded.” to more such dialogues with MOM and EDB to meet the country’s manpower Keppel O&M focuses on multi-pronged challenges together.” human capital development initiatives to recruit, train, nurture and retain talents in higher value-added positions, Michael Chia, Executive Director of such as engineers, management and Keppel FELS (front) walks the ground supervisors. with the MOM and EDB delegates

A Norwegian visit

elegates from valued customer, Sinvest ASA (Sinvest) of Norway visited DKeppel FELS on 9 March 2006. A dialogue session was held to further strengthen relationship between the two companies. The delegates, led by Bjarne Skeie, Chairman of Sinvest, toured the yard and saw the progress of various Sinvest projects.

Keppel FELS is building five Super B Class jackup rigs for Sinvest. The projects are in various stages of completion. The first rig, to be named Deep Driller 2, was christened on 8 April 2006.

Involved primarily in investments relating to the offshore industry, Sinvest ASA is a public company quoted on the Oslo stock exchange. Onboard Deep Driller 2, the first Super B Class jackup built for Sinvest

OffshoreMarine March/April 2006 29 Glowing new ideas

Headed by the S3 Secretariat, a quarterly when in use and time-controlled switch topic is raised for employees to submit to turn off canteen lights when not in use, their suggestions. were also mooted.

Kicking off the first quarter was ‘Saving Yvonne Chang, Assistant HR executive, Energy & Resources”. Keppelites were won the third prize of a $50 voucher for encouraged to put forward brilliant ideas contributing her paper-saving suggestion on how to save resources around the that combines three forms into one. Top three winners of the new S3 premises of Keppel FELS. Presently, new employees have to fill in programme (from L to R), Ng Hoong three separate forms with several similar Fei, Yvonne Chang and Betty Mok First-prize winners of a $150 voucher fields when applying for an internet each, Ng Hoong Fei, Purchasing Manager, account. A single form facilitates a shorter eppel FELS’ inaugural Staff and Betty Mok, Administration Officer, work process and saves paper. Suggestion Scheme (S3) was a submitted their energy saving suggestions. K hit with an overwhelming S3 Secretariat Chairman and HR number of suggestions submitted. Their proposals were to reduce the Manager of Keppel FELS, Stanley Yong, number of light bulbs in areas that do not strongly urged employees to contribute Re-launched in September 2005, the require much lighting in the main more suggestions using a S3 form available scheme aims to encourage employees to building. from their respective departments’ S3 put on their thinking caps and contribute representatives,” he said, “Keep up the suggestions to improve work efficiency In addition, novel ideas such as installing enthusiasm and keep the suggestions and effectiveness. motion sensors in toilets to activate lights coming.” Keppelites support SingHealth

pearheaded by Keppel O&M, members of the Keppelite Recreation Club (KRC) were out in force along Orchard SRoad on 18 February 2006 to help sell coupons at the launch of SingHealth Foundation’s “Save Money, Save Lives” Project 2006.

Proceeds from this fund-raising project will go to supporting SingHealth’s medical research in the fields of cancer, heart disease, diabetes, childhood hereditary disorders and neurosciences.

Despite having busy work schedules and having to sacrifice a Saturday, the volunteers from Keppel were glad that they could be part of a good cause.

Winson Lim, Assistant Purchasing Officer at Keppel Shipyard shared, “I want to lend a helping hand to those who are less Winson Lim struts the street for a good cause fortunate and in poor health. I am happy to be able to do this through the KRC.” Minister for Trade and Industry, presented Keppel O&M with a Guest of Honour, Dr Vivian Balakrishnan, Minister for token of appreciation, which was received by Chee Jin Kiong, Community Development, Youth and Sports, and Second Executive Director of Human Resources.

30 OffshoreMarine March/April 2006 Subic connection for Clippers

Sending-off in Filipino style. The Subic Shipyard & Engineering team turned up in full force to cheer on The Uniquely Singapore Clipper crew

n route from Singapore to and supply of 220 keel bolts for the General Manager of Group Corporate Qingdao in China, the 10-strong Clipper fleet,” said Race Director Communications, Keppel Corporation. E Clipper fleet was diverted to Tim Hedges of Clipper Ventures. stopover at Subic Bay, Philippines, on Located in the Philippine Economic Zone 5 February 2006 due to keel problems. Each boat is fitted with 21 bolts, weighing Authority area of Zambales, Subic 2.5kg each and every bolt is custom-made Shipyard is a member of Keppel O&M. A survey identified an issue with the using the latest Computer Aided Design The company is noted for its repair and connection between the outer skin of the technology. With a team of around 90 conversion works on supertankers and hull and the keel. people working on the fleet (amounting Floating Production Storage and to around 1,000 daily manhours), the Offloading (FPSO) vessels. Coming quickly with aid where possible, rectification work was completed in four Subic Shipyard & Engineering (Subic weeks. Said Charles Yap, President and General Shipyard) assisted in the supply of brand Manager of Subic Shipyard, “Extending new keel bolts for the entire fleet of While the repairs were underway, the the Singaporean hospitality to our friends Clippers. remaining Singaporean crew put up at the in need in a foreign land is our pleasure corporate accommodation of Subic indeed.” “As a Race Partner of Singapore’s entry to Shipyard. the Clipper Race – Uniquely Singapore, The Clipper 05-06 Race set sail again on Keppel have shown tremendous support “Keppel is proud to be of assistance to 25 March from Subic Bay in the to the Clipper 05-06 Race, playing host the Clipper Race and to be associated with Philippines, after completing a series of along with other Race Partners when the the spirited adventure seekers who will sea trials. The second half of Leg Four fleet visited Singapore in January 2006. stop at nothing to overcome the odds. (Race 6) was re-commenced. Whether Clipper and their crew are in “This time, they have generously stepped Singapore, the Philippines or anywhere As a “Bon Voyage” gift, Subic Shipyard in with logistical help, supplying crew else in the world, we will always be gave away packs of the Philippines’ very with accommodation for their stay in the delighted to find solutions in any own unique dried mango to sweeten the Philippines and now with the engineering way we can,” said Wang Look Fung, journey for the Clipper crew.

OffshoreMarine March/April 2006 31 Alexander Carl Solid Gold

SUPERFERRY 9 Durgandini

Around our yards OffshoreMarine tracks works carried out at various Keppel yards.

Singapore

Keppel Shipyard Tuas

Name : Margrethe Maersk Name : Kaminesan Owner : A P Moller Maersk Owner : MOL Tankship Management Country: Denmark Ltd (Ex-International Energy Type : Container Ship Transport Co Ltd) DWT : 60,639 Country: Japan GRT : 52,191 Type : Tanker Date : 21 March 2006 – Present DWT : 303,896 Scope : General repair and renewal GRT : 159,813 Date : 25 March 2006 – Present Scope : General repair and renewal

32 OffshoreMarine March/April 2006 Name : Federal I Name : MSC Stella Navix Astral Owner : Federal International Owner : Mediterranean Shipping (2003) Ltd Company Country: Singapore Country: Italy Type : Floating Storage and Type : Container Ship Offloading (FSO) DWT : 85,820 DWT : 149,235 GRT : 73,819 GRT : 88,122 Date : 26 – 29 March 2006 Date : 24 February 2006 – Scope : Drydocked for aft seal Present bonding, stern tube cooling Scope : General repair and pipe to repair renewal Name : Sun Road Name : Fortuna Ayu Owner : Sunford Shipping Ltd. Sun Road Owner : P T Panji Adi Samudera Country: Japan (PAS Maritime) Type : Container Ship Country: Indonesia DWT : 57,904 Type : Chemical Tanker GRT : 53,359 DWT : 37,224 Date : 29 March – 6 April 2006 GRT : 19,707 Scope : Drydocked for general repair Date : 25 March 2006 – and renewal works such as Present tailshaft withdrawal, Scope : General survey and repair propeller polishing & dye checking, main engine turbocharger overhauling and ballast pipes repair

Philippines

Keppel Shipyard Benoi Subic Shipyard Keppel Batangas Shipyard

Name : Durgandini Name : Alexander Carl Name : SUPERFERRY 9 Owner : P T Arpeni Pratama Ocean Owner : Keoyang Shipping Co. Ltd Owner : Aboitiz Jebsens Line Country: Korea Shipmanagement Country: Indonesia Type : Ore / Coal Carrier Country: Philippines Type : Oil Tanker DWT : 208,394 Type : Passenger / Roro DWT : 36,406 GRT : 110,627 DWT : N.A. GRT : 21,810 Date : 01 – 19 March 2006 GRT : 8,839 Date : 7 January 2006 – Present Scope : Drydocked for general Date : 18 March – 4 April 2006 Scope : Double hull conversion repair as well as renewal Scope : Emergency drydocking for works such as hull rudder repair Name : Navix Astral preservation, overhauling Owner : MOL Shipmanagement Asia of sea valves, main engine Name : Solid Gold Country: Singapore air cooler renewal and Owner : Solid Shipping Company Type : Oil Tanker overhauling of Country: Philippines DWT : 275,644 accommodation ladders Type : Cargo Carrier GRT : 144,127 DWT : N.A. Date : 21 March 2006 – Present GRT : 3,956 Scope : General survey and repair Date : 22 February – 15 March 2006 Scope : 68.5 tonnes of steelwork, piping works, rudder and propeller works

OffshoreMarine March/April 2006 33 Keppel Group Newsbytes

Regional interest in property funds and trusts present opportunities for Keppel Land to further expand its business

Keppel Land’s wholly-owned real estate Keppel Seghers, the environmental fund management arm, Alpha Investment technology division of Keppel Integrated Partners Ltd (Alpha), has announced the Engineering (KIE), has secured a final closing of its Alpha Core Plus Real S$13 million contract to provide Estate Fund. technologies and services for the first waste-to-energy plant to be built in the The Fund has raised a total of city of Jiangyin, Jiangsu province, China. S$720 million which exceeded its original target of S$412 million. With gearing, the Keppel Seghers will provide its Fund will eventually reach a total asset proprietary equipment design and size of S$1.8 billion when it is fully technical services for the furnace, boiler invested. and flue gas cleaning components of the plant. The total investor commitments raised by Alpha have now reached S$1.6 billion. When completed in end 2007, the waste- When they are fully invested on a general to-energy plant will be able to treat 800 basis, Alpha will have a total asset under SPC and partners have begun drilling of the Jeruk-3 tonnes of municipal waste a day. management of S$4.4 billon. well ——●—— Keppel Land has set a new milestone on Singapore Petroleum Company (SPC) 20 March 2006 for the listing of K-REIT and its partners have begun drilling the At the inaugural Singapore Corporate Asia, a new real estate investment trust Jeruk-3 well to further appraise the Jeruk Awards (SCA) presentation ceremony aimed at investors who want access to an oil discovery. Located offshore East Java, held at the Raffles City Convention Centre increasingly broad range of property about 42 km east of Surabaya, the Jeruk on 7 March 2006, Keppel Land and investment opportunities in Asia. The field is currently being appraised to Keppel Corporation emerged the Gold listing document was despatched with a determine its potential. winner of the Best Annual Report Award circular in respect of the distribution in (ARA), and the Silver winner of the specie of units of K-REIT Asia. ——●—— Best Investor Relations Award (IRA) respectively, in the category of listed firms ——●—— with a market capitalisation of $500 million or more.

34 OffshoreMarine March/April 2006 Global Reach

Keppel Offshore & Marine Ltd Email: [email protected] www.keppelphilippinesmarine.com (Head Office) Contact Person: Bill Kee, President Contact Person: Toh Ko Lin, President 50 Gul Road Singapore 629351 Tel: 65 6863 7200 BRAZIL Keppel Batangas Shipyard Fax: 65 6261 7719 Keppel FELS Brasil S/A Barrio San Miguel, 4201 Bauan, Batangas www.keppelom.com Rua da Assembeia, 10 – 2002 Philippines 20011-000 Rio de Janeiro, RJ, Brazil Tel: 63 43 7271532 to 36 SINGAPORE Tel: 55 21 2102 9400 Fax: 63 43 7271453 Keppel FELS Limited Fax: 55 21 2224 2248 Email: [email protected] (Pioneer Yard 1 – Head Office) Email: [email protected] Contact Person: Yu Cheng Hee, Executive Vice-President 50 Gul Road Singapore 629351 www.kfelsbrasil.com.br Contact Person: Tay Kim Hock, President & CEO Keppel Cebu Shipyard Inc (Pioneer Yard 2) Dad Cleland Avenue, 6015 Lapu-Lapu City, Cebu 55 Gul Road Singapore 629353 BULGARIA Philippines (Shipyard Road) Keppel FELS Baltech Ltd Tel: 63 32 340 0081 to 89 31 Shipyard Road Singapore 628130 54 Debar Street, Varna 9000, Bulgaria Fax: 63 32 340 0068, 63 32 340 0096 Tel: 359 52 684 250/1 Email: [email protected] Tel: 65 6863 7200 Fax: 359 52 684 252 (Admin) www.keppelcebu.com.ph Fax: 65 6261 7719 Email: [email protected] Contact Person: Fok Swee Yin, President Email: [email protected] Contact Person: Lyudmil Stoev, General Manager www.keppelfels.com Subic Shipyard and Engineering, Inc. Contact Persons: Michael Chia, Executive Director CHINA/HONG KONG Cabangaan Point, Cawag S Jaya Kumar, General Manager (Marketing) Keppel Nantong Shipyard 2209 Subic, Zambales, Philippines No. 9 Yan Jiang Road, Nantong City, Jiangsu Province Tel: 63 47 232 2380 Keppel Shipyard Limited Fax: 63 47 232 3350, 63 47 232 3883 to 84 (Tuas Yard – Head office) P.R.China 226005 Tel: 86 513 560 3070 Email: [email protected] 51 Pioneer Sector 1 Singapore 628437 Contact Person: Charles Yap, President Tel: 65 6861 4141 Fax: 86 513 5601936 Fax: 65 6861 7767 Email: [email protected] Contact Person: Lee Tai Kwee, President UNITED ARAB EMIRATES (Benoi Yard) Arab Heavy Industries 15 Benoi Road Singapore 629888 Keppel Seghers Engineering & Construction (China) P O Box 529, Ajman, UAE Tel: 65 6861 6622 Co., Ltd. Tel: 971 6 526 3232 Fax: 65 6861 4393 Shenzhen Branch Office, 6th Floor Fax: 971 6 526 3233 Email: [email protected] (Gul Yard) Chiwan Petroleum Building, Chiwan Road No. 3 P.R. China 518068 www.ahi-uae.com 55 Gul Road Singapore 629353 Contact Person: Y K Leong, Managing Director Tel: 65 6861 3007 Tel: 86 755 26851902, 86 755 26851959, Fax: 65 6862 3645/7 Tel: 65 68637215 (Singapore Contact) Fax: 86 755 26851670 USA Email: [email protected] Email (China): [email protected] Keppel AmFELS www.keppelshipyard.com Email (Singapore): [email protected] PO Box 3107, 20000 South Highway 48 Contact Person: Nelson Yeo, Executive Director Contact Person: Ho Jong Heng, General Manager Brownsville, TX 78523, USA Tel: 1 956 831 8220 Keppel Singmarine Pte Limited INDIA Fax: 1 956 831 6220 15 Benoi Road Singapore 629888 Keppel FELS Offshore and Engineering Services Email: [email protected] Tel: 65 6861 6622 Mumbai Pvt Ltd Contact Person: Ho Cheok Yuen, President & CEO Fax: 65 6862 1792 Unit Number 3, 8th Floor, Prism Tower-A Email: [email protected] Mindspace, Link Road, Goregaon (West) Keppel Offshore & Marine USA www.keppelsingmarine.com Mumbai 400 062, India 5177 Richmond Ave, Suite 1065 Contact Person: Hoe Eng Hock, Executive Director Tel: 91 22 4001 8888 Houston, Tx 77056, USA Fax: 91 22 4001 8898 Tel: 1 713 840 8811 Offshore Technology Development Pte Ltd E-mail: [email protected] Fax: 1 713 840 1198 55 Gul Road Singapore 629353 Contact Person: Anant Shukla, Assistant General Manager Email: [email protected] Tel: 65 6863 7409 Contact Person: Chow Yew Yuen, President Fax: 65 6862 3465 KAZAKHSTAN Email: [email protected] Keppel Kazakhstan LLP FloaTEC, LLC Contact Person: Dr Foo Kok Seng, General Manager SEZ “Seaport Aktau”, Aktau 130000, Mangistau Oblast 14701 St. Mary’s Lane Republic of Kazakhstan Suite 250, Houston, TX 77079 Deepwater Technology Group Pte Ltd Tel: +7 3292 571 100 Main Tel: +1 281 870 5200 50 Gul Road Singapore 629351 HP: +7 300 528 4885 Main Fax: +1 281 870 5210 Tel: 65 6863 7163 Fax: +7 3292 571 110 Email: [email protected] Fax: 65 6863 1739 Email: [email protected] Website: www.FloaTEC.com Email: [email protected] Contact Person: Yick Ping Wong, General Director Contact Person: Eric H. Namtvedt, President Contact Person: Aziz Merchant, General Manager Direct Tel: +1 281 870 5556 NETHERLANDS Mobile: +1 281 381 2781 Email: [email protected] Asian Lift Pte Ltd Keppel Verolme BV 23 Gul Road Singapore 629356 Prof. Gerbrandyweg 25, 3199 KK Rotterdam-Botlek Keppel Marine Agencies, Inc Tel: 65 6668 4222 Harbour no. 4550, P O Box 1001, 3180 AA Rozenburg Fax: 65 6668 4333 (Texas Office) The Netherlands 5177 Richmond Ave, Suite 1065 Email: [email protected] Tel: 31 181 234300 Contact Person: John Chua, General Manager Fax: 31 181 234346 Houston, Tx 77056, USA Tel: 1 713 840 1188 Email: [email protected] Fax: 1 713 840 1960 Keppel Smit Towage Pte Ltd www.keppelverolme.nl 23 Gul Road Singapore 629356 Contact Person: Harold W.M. Linssen, Managing Director Email: [email protected] / Tel: 65 6668 4222 [email protected] Fax: 65 6897 8056 Contact Person: Michael Holcomb, President/ Director NORWAY John C Bajor, Marketing Manager Email: [email protected] Offshore & Marine A/S Contact Person: Ben Chew, General Manager Strandgaten 147, P O Box 425 (New Jersey Office) 4304 Sandnes, Norway 15 Huddy Avenue, PO Box 417 AUSTRALIA Tel: +47 5160 2500 Highlands, New Jersey, USA Keppel Prince Engineering Pty Ltd Fax: +47 5160 2510 Tel: 1 732 872 8800 Level 7, 3 Bowen Crescent Email: [email protected] Fax: 1 732 872 8801 Melbourne, Victoria 3004, Australia www.o-m.no Email: [email protected] Tel: 61 3 9820 9033 Contact Person: Inge Oliversen, President Contact Person: John J. Bajor, Director Fax: 61 3 9866 6110 Email: [email protected] PHILIPPINES VIETNAM Contact Person: Charles Chiam, Director Keppel Philippines Marine Inc Keppel FELS Limited Unit 3-B Country Space 1 Building Petrovietnam Tower, Suite 150M AZERBAIJAN Sen. Gil Puyat Avenue, Salcedo Village 9 Hoang Dieu Street, Ward 1, Vung Tau City Caspian Shipyard Company Ltd 1200 Makati City, Philippines S.R. Vietnam South Bay, KMNF Basin Tel: 63 2 892 1816 Tel: 84 64 850098 Baku AZ1023, Azerbaijan Fax: 63 2 815 2581, 63 2 892 4604 Fax: 84 64 850089 Tel: 994 12 449 9930 Email: [email protected] Email: [email protected] Fax: 994 12 449 9931 [email protected] Contact Person: Henry Sng, Country Manager

OffshoreMarine March/April 2006 35 Keppel Shipyard delivers FPSO Capixaba for SBM

Keppel Shipyard successfully completed the sixth Floating Production Storage Offloading (FPSO) conversion project for SBM

PSO Capixaba, a conversion in 1,350 metres of water. First oil is of sophisticated FPSO projects due to contract worth S$90m, was anticipated in the second quarter of their strong track record. Once again, delivered in end February 2006. 2006. Keppel has delivered an excellent FPSO F project on time and proven itself to be The 13-month fast-track project is the To be leased by SBM to Petrobras SA, very reliable.” sixth Floating Production Storage Brazil’s national oil company, FPSO Offloading (FPSO) conversion project for Capixaba will be the first FPSO to be Choo Chiau Beng, Chairman & CEO of Keppel Shipyard since 2000 from Single deployed in the Golfinho light oilfield in Keppel Offshore & Marine, shared, “We Buoy Moorings (SBM), member of the the Espirito Santos Basin offshore Brazil. are pleased to deliver yet another quality SBM Offshore N.V. Group. FPSO conversion project to our valued Three other FPSO facilities owned by SBM customer SBM. We look forward to our The workscope on the former Stena and converted by Keppel Shipyard are continued partnership in the years ahead.” Congress includes installation and also on lease to Petrobras. They are FPSO integration of topside modules; the Espadarte, FPSO Brasil and FPSO Marlim Keppel Shipyard has a strong track record fabrication and installation of the internal Sul. When the FPSO Capixaba joins their for 59 FPSO and FSO conversion and turret, flare tower, piperack and helideck; rank later in the year, their total repair projects. and installation of a hose reel at the stern production output for Petrobras will be for offloading to export vessels. 390,000 barrels of oil per day. Currently, Keppel Shipyard is carrying out several FPSO and FSO conversion and FPSO Capixaba will now be capable of Didier Keller, Managing Director and upgrading projects at its yards. One of producing 100,000 barrels of oil per day Chief Executive Officer of SBM Offshore these projects involves the major (bopd) with a storage capacity of two N.V., said, “We have entrusted Keppel conversion of P-53 project for Petrobras. million barrels. The vessel will be moored Shipyard with the conversion of a number

36 OffshoreMarine March/April 2006